TSX.V : MER       Last:     Change:     Volume:
 

News





 

Meritus Continues To Get Good Results From Drilling At Gutain Davaa

Vancouver, B.C.: Meritus Minerals Ltd. (OOTC:MERMF) (TSXV:MER) (MML)(TSX-V - MER) continues to obtain good results from its diamond drilling program of the Tordogiin Shil Prospect on its Gutain Davaa Project, Mongolia.

All four holes covered in this report encountered significant mineralization with TSD004 intersecting 30.70m of 3.92g Au/t including 2.70m of 14.44g Au/t and 5.10m of 12.09g Au/t.

Results from all four holes reported are listed in the table below.

It is considered particularly encouraging that of the seven holes for which assays have been received, each hole has contained at least one sample interval assaying over 10g Au/t.

GOLD ASSAYS FROM DIAMOND DRILLING                                                                                                
TORDOGIIN SHIL PROSPECT GUTAIN DAVAA                                                                                             
HOLE                                   UTM GRID           Azimuth   Angle   From (m)   To (m)   Width (m)   Grade Gold g/tonne   
Number                                 East       North                                                                          
TSD004                                 311        64      65        -50     11.1       41.8     30.70       3.92                 
including                                                                   11.1       13.8     2.70        14.44                
and                                                                         19         20       1.00        3.16                 
and                                                                         25.4       29.7     4.30        3.28                 
and                                                                         36.7       41.8     5.10        12.09                
TSD005                                 295        55      65        -50     57.6       61.3     3.70        3.07                 
including                                                                   57.6       58.6     1.00        10.5                 
TSD006                                 320        47      65        -50     22         24.9     2.90        12.22                
including from                                                              23.9       24.9     1.00        31.1                 
and from                                                                    33.5       36.7     3.20        2.07                 
TSD007                                 298        33      65        -50     53.7       63.5     9.80        2.99                 
including from                                                              53.7       56.7     3.00        7.5                  
which includes from                                                         54.6       54.9     0.30        63.3                 
and from                                                                    63         63.5     0.50        10.7                 
Note:                                                                                                                                              
                                                                                                                                                   
i)      Only last three figures of UTM Grid Reference given. Eastings preceded by 448, Northings by 5414 for full reference, ie., 448105/5414323   
ii)     Azimuth is in terms of True North                                                                                                          
iii)    Reported widths are drill intersection lengths                                                                                             
                                                                                                                                                   

Drill core is transported from drill site to camp where it is logged and cut in half by diamond saw. One half of the core is retained for reference, the other half is sampled in approximately 1 metre intervals. Samples are transported to a laboratory in Ulaan Baatar, are crushed and completely pulverized to 90% passing 75 microns.

Two pulps are split from the pulverized sample. One set of pulps is retained by the laboratory for ICP analysis when required. The second set is forwarded to Meritus where sequentially numbered standards and blanks are included. This set of pulps is then forwarded to a second laboratory where fire assay for gold is carried out on a 30 gram charge. Finish is by AAS. Two standards and one blank are included with every 25 samples submitted. On receipt of results duplicates of selected pulps are forwarded to a third laboratory for check fire assay and to test the efficiency of the pulverization carried out by the preparation laboratory.

For the purpose of this release the qualified person is Terence E. Bates, MSc (Geol), the Company's Chief Executive Officer and President. All technical information in this release has been reviewed or compiled by Mr. Bates. Mr. Bates is a Fellow of the Australian Institute of Mining and Metallurgy, and is a qualified person as defined by NI 43-101.

Meritus Minerals Ltd (C.MER) is a mineral exploration company committed to building shareholder value through the acquisition of base and precious metal properties. For additional information, contact Richard Schnoor at 604 618-9327.

On Behalf of the Board of Directors

Meritus Minerals Ltd.

Terence E. Bates - CEO and President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further Information please visit our website at: www.meritusminerals.com

200 OK

OK

The server encountered an internal error or misconfiguration and was unable to complete your request.

Please contact the server administrator, [no address given] and inform them of the time the error occurred, and anything you might have done that may have caused the error.

More information about this error may be available in the server error log.